Maximilien Robespierre (1758-1794) was one of the leaders and orators of the French Revolution of 1789, best known for his involvement in the Reign of Terror that followed.
As a young man, he studied law and had a reputation for honesty and compassion. He sought to abolish the death penalty and refused to pronounce a required death sentence after becoming a judge.
But as the revolution approached, Robespierre became head of the powerful Jacobin Club, a radical group advocating exile or death for France's nobility. In 1792, after Paris mobs stormed the palace of the Tuileries and dethroned King Louis XVI and Queen Marie Antoinette, Robespierre helped organize the new revolutionary governing body, the Commune of Paris.
When people have more money and eagerly spend it, this increases demand, whereas demand-pull leads to inflation.
<h3>What is demand-pull inflation?</h3>
Demand-pull inflation is a monetary phenomenon where demand exceeds supply and increases prices.
- When the prices of raw materials/labor increase, it leads to an increase in the costs of production and results in higher prices for the consumers.
In conclusion, when people have more money and eagerly spend it, this increases demand, whereas demand-pull leads to inflation.
Learn more about demand-pull inflation here:
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A. Catholicism I guess but I need 20 characters in my answer so yea
